Weaker yen, costly oil push Japan’s trade deficit higher
Japan’s weakening yen raised further alarm in Tokyo on Wednesday as the government reported a bigger-than-expected trade deficit largely due…
Headlines
Tank Storage Firm Vopak’s Quarterly Profit Beats Market Estimates
(Reuters) – Dutch oil and chemical storage company Vopak’s first-quarter earnings beat market expectations on Wednesday, boosted by growth projects…
Oil Prices Rebound After Sharp Losses As Supply Concerns Dominate
By Florence Tan (Reuters) -Oil prices rebounded on Wednesday from sharp losses in the previous session as concerns about tighter…
KKR-led Group Makes $14.8 Billion Bid For Australia’s Ramsay Health Care
By Scott Murdoch and Harish Sridharan (Reuters) -Australia’s largest private hospital operator Ramsay Health Care Ltd said on Wednesday it…
Dollar Scales Fresh Two-decade Peak To Yen, BOJ Targets Yields
By Kevin Buckland TOKYO (Reuters) – The dollar climbed to a fresh two-decade peak to the yen on Wednesday, buoyed…
China Unexpectedly Keeps Lending Benchmark Unchanged
SHANGHAI (Reuters) -China surprisingly kept its benchmark lending rates steady on Wednesday, with markets seeing the move as Beijing’s cautious…
China’s Lockdowns Could Drive More U.S. Policy Action, Says Fed’s Kashkari
(Reuters) -If lockdowns in China aimed at containing COVID-19 cause further disruptions to global supply chains, the Federal Reserve will…
Alabama Settles Opioid Claims With J&J, McKesson, Endo For $276 Million -attorney General
By Dietrich Knauth (Reuters) -Alabama on Tuesday reached $276 million in settlements with Johnson & Johnson, McKesson Corp and Endo…
Fed’s Kashkari: If Supply Chains Worsen, Fed Will Need To Do More
(Reuters) – If lockdowns in China aimed at containing COVID-19 cause further disruptions to global supply chains, the Federal Reserve…
Earnings Boost Wall Street While Growth Fears Sink Oil
By Pete Schroeder WASHINGTON (Reuters) – U.S. stocks surged Tuesday on the back of stronger than expected corporate earnings, but…